Papua New Guinea (PNG)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Papua New Guinea - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Australia (AUS) | 22.0% $2.19B | 29.9% $1.84B | 25.0% $4.03B |
| 2 | China (CHN) | 19.5% $1.94B | 18.7% $1.16B | 19.2% $3.09B |
| 3 | Japan (JPN) | 20.8% $2.07B | 3.6% $224.63M | 14.2% $2.29B |
| 4 | Singapore (SGP) | 3.4% $337.54M | 16.1% $992.92M | 8.3% $1.33B |
| 5 | Malaysia (MYS) | 2.2% $217.78M | 7.1% $439.55M | 4.1% $657.32M |
| 6 | Dem. People's Rep. of Korea (PRK) | 4.3% $431.89M | 2.3% $144.68M | 3.6% $576.57M |
| 7 | India (IND) | 2.5% $250.53M | 1.6% $101.33M | 2.2% $351.86M |
| 8 | Indonesia (IDN) | 0.9% $88.37M | 4.0% $248.58M | 2.1% $336.95M |
| 9 | Thailand (THA) | 1.4% $142.43M | 2.8% $174.79M | 2.0% $317.22M |
| 10 | United Kingdom (GBR) | 2.6% $254.44M | 0.4% $27.30M | 1.7% $281.74M |
- In 2024, Papua New Guinea's total trade reached $16.1B, with exports of $9.9B and imports of $6.2B.
- The country ranked 141st in total trade globally.
- Top exports include Mineral fuels ($4.2B) and Natural pearls & precious stones ($2.0B).
- Australia was the top trading partner, accounting for $2.2B (22.0%) of exports and $1.8B (29.9%) of imports.
- Key imports were Mineral fuels ($1.1B) and Machinery ($997.4M).
- The country's trade surplus was $3.8B in 2024.
Papua New Guinea's Trade Snapshot for 2024
In 2024, Papua New Guinea's total international trade amounted to $16.1B. The nation's exports were valued at $9.9B, while imports stood at $6.2B, yielding a trade surplus of $3.8B. Globally, Papua New Guinea ranked 141st in total trade. The primary export destinations were Australia, Japan, and China, with Australia being the largest single partner, receiving 22.0% of the country's exports valued at $2.2B. On the import side, Australia was also the leading source, providing 29.9% of total imports at a value of $1.8B.
Top Products
Papua New Guinea's export economy is dominated by natural resources. The top export category was Mineral fuels (HS2 27), which accounted for 42.6% of all exports with a value of $4.2B. This was followed by Natural, cultured pearls; precious, semi-precious stones (HS2 71) at $2.0B, making up 19.9% of the total. For imports, the leading categories were Mineral fuels (HS2 27) at $1.1B (17.0% of imports) and Machinery and mechanical appliances (HS2 84), totaling $997.4M or 16.2% of all inbound goods.
Exports
Papua New Guinea - exports over time (Exports), 2019-2023 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Papua New Guinea - export composition by product categories (Exports), 2024 (USD)
Papua New Guinea - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Papua New Guinea - imports over time (Imports), 2019-2023 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.